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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (109357)1/8/2019 6:47:49 AM
From: Real Man  Read Replies (1) | Respond to of 116752
 
I think impeachment is low probability, but we’ll see. It’s generally not ok to remove elected leaders like the President, and it should be rare. That said, the Fed course will crash the economy and the markets unless they reverse what they are doing. Even then the reversal after crash will take some time. I am looking for gold to pop, but not much more than that. 1500 price should provide a nice bull market for miners.

The wall and govt shutdown over it is silly, but I can appreciate a position against it.



To: RetiredNow who wrote (109357)1/8/2019 12:02:53 PM
From: Rarebird  Read Replies (1) | Respond to of 116752
 
With a Republican controlled Senate, Trump is not getting impeached unless Mueller can prove beyond a shadow of a doubt that Trump committed a felony.
The more the stock market rises from these levels, the greater the odds the Fed will continue to tighten, which will put some pressure on Gold.
Friday's employment report was very strong, but that is one of the greatest lagging indicators.
Advances have bested declines by more than a 2 to 1 margin over the past two weeks, which, according to Marty Zweig, is a very bullish signal.
We will see....